American automaker Ford is planning to invest more than $11bn in electrification from 2015 to 2022. The company said it will also expand its electrified vehicle lineup with a total of 40 vehicles globally, which will include 16 full ...
Tags: Ford, electric vehicles
SPTS Technologies Ltd of Newport, Wales, UK (an Orbotech company that manufactures etch, PVD and CVD wafer processing solutions for the MEMS, advanced packaging, LED, high-speed RF on GaAs, and power management device markets) has won an ...
Tags: SPTS, GaN-on-SiC, LED
Hormel Foods has merged its specialty foods segment into its grocery products segment. It will continue to be led by Luis Marconi, group vice president, Grocery Products. The primary focus of the segment is on delivering a strong branded ...
Tags: Hormel Foods, Grocery Products
French automaker Groupe PSA has signed a joint venture (JV) agreement with three Algerian partners to build cars in the North African country. The Algerian partners include Condor Electronics, Palpa Pro and Entreprise Nationale de ...
Tags: Algerian Market, PSA, Cars
Frutarom Industries has signed an agreement with AB Biotics of Spain for the acquisition of the activity of AB-Fortis with its patent-protected micro-encapsulation technology that facilitates delivery of iron with increased biological ...
For fiscal first-quarter 2018 (to end-September 2017), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $155.6m (split about 48%:52% between ...
Tags: components, modules, optical communications
For third-quarter 2017, South Korean LED maker Seoul Semiconductor Co Ltd has reported revenue of KrW305bn, up 14% on KRW267bn last quarter due to strong sales of its Acrich MJT, Wicop, UCD and filament LED products. Within the lighting ...
Tags: Semiconductor, LED
Avery Dennison has announced preliminary, unaudited results for its third quarter ended 30 September 2017. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise ...
Tags: Avery Dennison
CapitalG, a growth investment fund under Alphabet has led $1bn round of investment in ride-hailing company Lyft. With this investment, Lyft’s valuation has gone up to $11bn. CapitalG’s partner David Lawee will be joining ...
Tags: CapitalG, Rival Lyft
Neenah Paper has signed a definitive agreement to purchase all of the outstanding equity of W.A. Sanders Coldenhove Holding. Coldenhove is a specialty materials manufacturer based in the Netherlands, with a leading position in digital ...
Bobst North America and APR (All Printing Resources) played host to the sizable group of American label and packaging converters who attended the narrow-web open house held in APR’s technical center in Glendale Heights, Illinois. ...
Tags: Bobst, Flexo Presses
Sustainable packaging solutions provider Ball has announced plans to stop the production of food cans at its packaging facility in Arkansas, US. The company intends to cease food can production at its tinplate food and aerosol packaging ...
Tags: Food Can, Sustainable packaging
Unilever has agreed to divest its South African spreads business to Remgro as part of a ZAR11.9bn ($900m) worth deal with the investment firm. Under the terms of the agreement, Unilever will buy Remgro’s 25.75% stake in Unilever ...
Tags: Unilever, food, personal care products
DS Smith’s plastics and extruded products division has showcased its polypropylene solutions at the Empack Porto event in Portugal. The event was scheduled between 20 and 21 September in Porto. At the event, the company has ...
Avery Dennison reported advancements against its 2025 sustainability goals intended to transform the company and the industries it serves. The 2014-2016 sustainability report, All of Us, Every Day , highlights how the company is ...
Tags: Avery Dennison, CO2 emissions